Operations Manager - Mumbai, India - R3 Consultant

Description

Operations Manager Pre Policy-Issuance

Experience : 3 years

Preferably worked in any operations department of Insurance Company (Candidate from Life Insurance Industry would be preferred)

Roles and responsibilities:

Participates in the development and implementation of the Issuance & Underwriting plans, in line with the business objectives of Life & Health Insurance.

Manages the implementation of the Insurance Operations Division, providing leadership and facilitating work processes in order to achieve high performance standards.

Directs and manages the team on implementation of proper documentation of policy including Pre-Login Verification call, underwriting and ensuring checks on quality, risk & compliance controls.

Efficiently co-ordinating with life & health insurance companies for issuance of business logged. Will have to build cases to present to insurer either the time of pre-underwriting or post login for faster issuance.

Reconcile pending requirements for sales along with additional information and publish the same to sales along with timelines.

Weekly & Monthly presentations to Sales, Ops & management on the performance of various internal control processes.

Communicate on a daily basis with Managers from Sales multiple Insurance Companies in order to expedite issuance & underwriting process.

Responsible for complete control of new business risk and compliance of regulations.

Responsible for automating existing processes to improve efficiency of entire department.